Community First Bancshares is a savings and loan holding company. Through its subsidiary, Co. is engaged in accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential real estate loans, and, to a lesser extent, commercial real estate loans, commercial and industrial loans, construction and land loans and consumer loans. Co. also invests in securities, which includes mortgage-backed securities issued by U.S. government sponsored enterprises and Federal Home Loan Bank stock. Co. provides a range of deposit accounts, including checking accounts, savings accounts and certificate of deposit accounts. We show 15 historical shares outstanding datapoints in our CFBI shares outstanding history coverage, used to compute CFBI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CFBI market cap history over the course of time is important for investors
interested in comparing CFBI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CFBI versus a peer is one thing; comparing
CFBI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CFBI can fluctuate over the course of history.
With this page we aim to empower investors researching CFBI by allowing them to research the CFBI market cap history. |
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Video: The Importance of Market Cap
